secondary stock

Secondary Stock

Any stock issued by a publicly-traded company other than a blue chip company. Secondary stocks are issued by less well-established and less well-known companies; as a result, they carry higher risk than blue chip stocks. However, they can have higher growth potential. Secondary stocks tend to have a smaller market capitalization, often under $1 billion.

secondary stock

The stock of a smaller firm listed on the New York Stock Exchange or nearly any stock traded on the American Stock Exchange, the regional exchanges, or in the over-the-counter market. These generally volatile stocks often exhibit price movements different from those of the large blue chips. Also called second-tier stock.
References in periodicals archive ?
Some questions regarding the lack of near-term catalysts and on the commercial potential of the product, along with a secondary stock offering, were "rational" reasons for some weakness on the shares, he acknowledges.
BANKING AND CREDIT NEWS-March 13, 2017-Financial Engines closes secondary stock offering
OTCQX: FCNH) has announced that its secondary stock offering has been fully subscribed and 250,000 new shares of common stock have been issued, the company said.
OTC: FCNH) has said that its secondary stock offering has been fully subscribed and 250,000 new shares of common stock have been issued.
Trig Social Media AB announced today that due to the penetration and growth of the company in Spain, it is appropriate to announce its intention to undertake a secondary stock listing on the continuous market in Spain.
Continued regional investment news from Nissan, together with Washington's easy accessibility to the region's main road network, has resulted in consistent local demand for new and secondary stock from the warehousing and logistics sector.
The stock exchange has secondary stock listings for more than 6,000 US securities that are listed on such exchanges as the NYSE, NASDAQ, AMEX or quoted on the OTC Bulletin Board.
Global Banking News-December 10, 2010--American Capital Agency plans secondary stock issuance(C)2010 ENPublishing - http://www.
Secondary stock, in secondary locations, has however not fared well with much reduced demand leading to falling rents and capital values for this sector.
In November, CBRE raised $207 million through the sale of 57 million shares through a secondary stock sale.
Meantime, Korea's tech-heavy secondary stock market is also growing rapidly, attracting more than 1,000 companies.
In Birmingham, lack of available grade A space is likely to push top rents further towards the record pounds 30 per sq ft barrier in the next 12 months, with occupiers having increasingly to consider taking refurbished or secondary stock if they want to move in 2006," he said.